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Buy Reliance Infrastructure – Target achieved on 9th Feb’09

Posted on: Friday, February 6th 2009 and is filed under Swing Calls.

Buy Reliance Infrastructure above 543, target: 570. Stoploss: 530. Cmp: 540 Touched 596 on 10th Feb’09, UP 10% in 4 Day’s after recommendation. Call given by Kartik ...

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Senate struggles on stimulus in nighttime session – USA

Posted on: Friday, February 6th 2009 and is filed under Press Releases.

WASHINGTON (AP) — In an uncertain reach across party lines, Senate moderates struggled for a compromise on economic stimulus legislation Thursday as the government spit out grim new jobless figures and President Barack Obama warned of more bad news ahead. With partisan tensions ris...

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Intraday calls for 06-02-09

Posted on: Friday, February 6th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher. Nifty has resistance at 2840 and support at 2750. Buy Shipping Corporation of India at 83.15, target: 88. Stoploss: 81 If markets show weakness later during the day, short sell: Aurobindo Pharma below 129. There is a rumor that markets will see a surprise...

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Stocks in news: Satyam, Ashok Leyland, Dr Reddys, Glenmark

Posted on: Friday, February 6th 2009 and is filed under Stock News.

Indian ADRs: Satyam down 6%, Infosys down 1%, Tata Motors, HDFC Bank up 3%. Results today: Ambuja Cement Satyam update: -Company has got bank sanctions worth Rs 600 crore -PC Gupta says all options related to Satyam sale still open ...

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Sensex may breach 9k mark

Posted on: Thursday, February 5th 2009 and is filed under Market Outlook.

The declining trend may continue as bears would look to breach the psychological 9,000 mark. With no domestic triggers to look forward, global cues would dictate the trend at least in the opening trades. Markets ended with deep losses on Thursday. After a flat start, key indices constantl...

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A S Murty appointed as Satyam’s CEO

Posted on: Thursday, February 5th 2009 and is filed under Stock News.

NEW DELHI: After a crucial two-day board meet, the six-member Satyam Computer Services board appointed by the government named AS Murty as the new Chief Executive Officer of the beleaguered firm. AS Murty was formerly, Head, Delivery and Leadership Development of Satyam. The board has als...

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Nifty closes below 2800; auto, IT decline

Posted on: Thursday, February 5th 2009 and is filed under Market News.

MUMBAI: Equities ended the lacklustre session in the red. Weak global markets also weighed sentiments. Auto and IT stocks were worst hit while metals and pharmaceutical stocks bucked the trend. National Stock Exchange’s Nifty shut shop at 2785.70, down 17.35 points or 0.62 per cent. The...

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HC order can double RIL profit in 2 years

Posted on: Thursday, February 5th 2009 and is filed under Stock News.

Mumbai: The Bombay High Court’s decision to lift the stay on the sale of gas produced from Reliance Industries’ KG D6 block is likely to double the company’s net profit in two years. In its interim order on January 30, 2009, the court allowed the company to sell the gas...

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More arrests likely in Satyam fraud case

Posted on: Thursday, February 5th 2009 and is filed under Press Releases.

Hyderabad: Even as SEBI officials are quizzing Satyam Computer founder B Ramalinga Raju and his brother Rama Raju at the Chanchalguda jail here, the Andhra Pradesh police are likely to make more arrests in the Rs 7,800 crore fraud involving the IT major. CID officials investigating the ca...

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Intraday calls for 05-02-09

Posted on: Thursday, February 5th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat. Nifty has resistance at 2840 and support at 2750-2780 levels. Buy OnMobile Global at 229.50, target: 239. Stoploss: 225 If Nifty breaks 2780 later during the day, short sell: PTC India. Trade in small quantity. ...

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